premium content
Ouzo Time!! Filthy Forty Walcom – Fat Lady bursts onto stage and sings her heart out: it’s all over!
Somewhat belatedly, this morning at 8.16 am ShareProphets AIM-China Filthy Forty play Walcom (WALG) finally got around to issuing an RNS which was surely due last Friday to tell us that the bank had again blinked, that CEO/CFO still hadn’t provided the bailout loan promised back in January and that he still intended to do so. The Nomad-signed RNS suggested that it was therefore business as (not so) usual. But then at 1.16pm the Fat Lady finally ploughed through the security cordon and before you knew it she had sung her heart out and the show was over.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 22 June 2020, 15:43 |
premium content
Breaking: After last week’s insider dealing and pulled placing Tomco placing again but broker Turner Pope not on the case
Shares in Tomco (TOM) have continued to race ahead even thought it is teetering on the brink of bankruptcy as those who broke insider dealing laws by forward selling last week’s placing, which had to be scrapped after it emerged the company had lied to investors, scuttled to buy back. That offers an opportunity and so I can reveal…
- By Tom Winnifrith, The Sheriff of AIM |
- 22 June 2020, 13:20 |
What is the collective noun for a group of share rampers? A Lenigas?
Peterhouse is the broker, Chris Akers is on board, Dave Lenigas is too and now there is a paid for interview over at ShareTalk. It is almost the perfect cocktail. So what is the collective noun for a group of share rampers> A bluster? A promote? A festering turd? The stock here is Pires Investments (PIRI) and Big Dave has twitter diarrhoea.
- By Tom Winnifrith |
- 22 June 2020, 12:49 |
CyanConnode – “pleased to announce that it has now commenced shipment”, BUT...
“CyanConnode Holdings plc (AIM: CYAN), a world leader in Narrowband Radio Frequency (RF) Smart Mesh Networks, is pleased to announce that it has now commenced shipment of Omnimesh RF Modules” commences an “Update on Rollout of Indian Contract” announcement from the company – and the shares are currently above 4.5p, more than 20% higher...
- By Steve Moore |
- 22 June 2020, 12:26 |
premium content
If you screw your customers enough, in the end shareholders get shafted too – why Amigo is a zero with more news today
I discussed this with reference to Amigo (AMGO), at length, a couple of weeks ago in my new video show. Today another warning from the company shows that it is past the stage of making windfall profits from screwing its customers in any orifice going, and is now suffering the blowback on that which will, in due course, wipe out shareholders completely.
- By Tom Winnifrith |
- 22 June 2020, 12:13 |
Filthy Forty Walcom – urgent statement needed ASAP: is it bust?
Last Monday ShareProphets AIM-China Filthy Forty play Walcom (WALG) offered up yet another statement saying that again its CEO/CFO Mr Francis Chi had failed to offer up a bailout loan, that he still intended to do so (as he has since January!) and that in the absence of further funding it would be a one-way trip to the corporate undertakers last Friday, June 19. There was no statement on Friday, and here we are on Monday and there still has been no statement. Is Walcom bust or not? We need a statement.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 22 June 2020, 10:51 |
premium content
Short, sour and shabby from Amigo and Cineworld
A new week...but some matters do not change. First is perennial bad boy Amigo Holdings (AMGO), whose shares are down a further 25% on news that the company has 'continued to see a substantial increase in the rate of complaints'. Well there is a surprise...not!...
- By Chris Bailey |
- 22 June 2020, 10:50 |
The Grid Powers Along Despite the Virus as Rising Dividends Seem Insulated
Hello, Share Pickers. It’s some time since I last brought National Grid (NG.) to your attention. It’s one of those reliable companies which doesn't have a volatile share price and which pays steady dividends. So the temptation is to leave the Grid to its own devices as we concentrate on some more electrifying choices in our bag. Despite the virus, National Grid has been performing better than might be expected...
- By Malcolm Stacey |
- 22 June 2020, 09:24 |
premium content
Tom Winnifrith Shareshow No 3: Well over 2 hours of Peter Brailey on oil, gas and oil stocks, Skinbiotherapeutics CEO and myself on why Intu and Amigo will both be zeros
And now from Wales, by just 30 yards, it is my new, I hope, weekly show. This costs 99p per episode to access and you can either listen or watch very sparky interviews with our in house oil guru Peter Brailey not holding back with a new explicit warning on gas, Stuart Ashman of Skinbiotherapeutics (SBTX) who was so impressive I have just bought more shares and myself on how gravity cannot be defied forever with reference to zeros in waiting, Amigo (AMGO) and Intu (INTU). You can access the show HERE
- By Tom Winnifrith |
- 21 June 2020, 17:37 |
Trans-Siberian Gold – “significant resource upgrade” helps less than 3 month gain to 45%...
Trans-Siberian Gold (TSG) has updated on its Asacha gold mine, Far East Russia, emphasising “a significant resource upgrade which comes as a direct result of our successful drilling campaign. It is pleasing to substantially increase the size of the overall Mineral Resource and also move our resources into higher confidence categories” – and helping the shares up to 89p...
- By HotStockRockets |
- 21 June 2020, 16:37 |
premium content
Berkeley Energia – states “not aware” of why better recent share price… then provides some reasons!...
Shares in this company have more than trebled since we last advised folks to by. The more proactive Australia Securities Exchange made a “price and volume query” after recent increased volumes and share price in Berkeley Energia (BKY) – and the company has now produced its response…
- By Tom Winnifrith & Steve Moore |
- 21 June 2020, 16:31 |
premium content
Tom Winnifrith Bearcast: Will we make a killing buying the Zak Mir portfolio of utter shite?
A reminder, July 18 keep it free. I first discuss the latest ideas of Rishi Sunak to revive the real economy and point out the problems and contradictions. Then I consider Zak Mir's cunning plan to make a killing on the stockmarket and a variant of the Sith Lord's wheeze suggested to me by a private client stockbroker. Will it end in tears?
- By Tom Winnifrith |
- 21 June 2020, 16:28 |
premium content
Copper is showing strength and Asiamet finally look to have a project partner onboard - speculative buy
So far Asiamet Resources (ARS) has been fairly typical of many small AIM resource stocks, in that it has largely failed to live up to expectations and has had to keep raising money at ever-lower prices over a number of years.
- By Gary Newman |
- 21 June 2020, 14:41 |
premium content
Time for short sellers to take their profits on Wood Group?
The short sellers were smart to highlight Wood Group (WG.) as a top opportunity back at the start of the year as it has been a dog stock this year. Well thematically you can understand why given the sheer volatility in the oil price so far this year and the slash and burn of capex budgets by the oil giants. That is not good news for a company providing a range of services to the sector.
- By Chris Bailey of Financial Orbit |
- 21 June 2020, 12:02 |
The ShareProphets Sunday Pub Quiz #42
This has nothing to do with shares or investing or anything. It's the end of the weekend and we've organised a quick pub quiz. Grab your own beer, there are no prizes, and for Pete's sake, no Googling! Only I get to do that. If you are so inclined, please enter your score in the comments. The highest score still won't get a prize.
- By Darren Atwater |
- 21 June 2020, 12:01 |
Sunday Long Reads: Gravity, AvroArrow, Human contact-less babies, End of Tourism, Dropshipping, Human Display
Here are six long reads that have nothing to do with shares. Put the kettle on, find a comfy chair. You have the time, don't you?
- By Darren Atwater |
- 21 June 2020, 12:01 |
Notes from Underground - Most read articles for the week ending 20 June 2020
The most read non-Tom article this week is Possibly the Most Difficult Decision in Shareland at Present...Avacta by Malcolm Stacey is at a fulfilling number five or number 12 including Bearcasts and Tom's new shareshow.
- By Darren Atwater |
- 21 June 2020, 12:00 |
premium content
Tom Winnifrith Bearcast: Why is any shop at all paying a cent in rent & Keep July 18 free
I have an announcement. Please keep July 18 free. All is explained in this podcast. Then I discuss the fraud Wirecard and the cult of the "star fund manager." It seems that only 20% of shops will pay their rent on June 30th? Are the 20% mad? Why would anyone pay. I look at what this all means for the three parties at play: retailers, landords and banks.
- By Tom Winnifrith |
- 20 June 2020, 16:12 |
Forecasters believe that the implied rate of UK interest rates will go to nearly -4%.
Yes you did read that ciorrectly, interest rates at MINUS 4%.
- By David Scott |
- 20 June 2020, 16:05 |
premium content
Cora Gold – mandate and term sheet for flagship project potential funding, Buy
Cora Gold (CORA) “is pleased to announce that it has signed a US$21m mandate and term sheet with investment firm, Lionhead Capital Advisors Proprietary Limited, to fund the future development of its flagship Sanankoro Gold Project”…
- By HotStockRockets |
- 20 June 2020, 15:29 |